Capital Markets

December 19 2017
Ryan Castillo Don't be afraid to ask – SEC staff ready to respond to Rule 3-13 waiver requests from registrants

USA - Morrison & Foerster LLP

Rule 3-13 of Regulation S-X allows the Securities and Exchange Commission (SEC) to permit the omission of financial statements otherwise required by the SEC rules or their substitution by financial statements of a comparable character. The chief accountant of the SEC Division of Corporation Finance has now reminded registrants that the SEC is willing to consider and process Rule 3-13 waiver requests. Under a pilot programme, SEC staff should respond within five days.

Author: Ryan Castillo
Read more

Recent updates

Capital formation bills pass House Financial Services Committee

USA - Morrison & Foerster LLP

Author: Carlos Juarez
Masaki Konishi Fair disclosure rule under securities law

Japan - Nagashima Ohno & Tsunematsu

Author: Masaki Konishi
Bilal Anwari OJK tightens control over bankruptcy disclosure by issuers and public companies

Indonesia - Ali Budiardjo, Nugroho, Reksodiputro

Author: Bilal Anwari

ONLINE MEDIA PARTNERS